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With
Goodness April 2019
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2
Contents
Adani Group
Company Profile
Others
3
Nation Building - Responding strategically to some of India’s profound challenges
• India’s per capita electricity consumption of 1010 kwh – • 90% of volume and 72% of value of India’s international trade
among the lowest in the world is by sea
• Thermal generation moderating but will remain mainstay for • Proxy to India's growth (>7% GDP) & economic development
energy requirements (45% of energy basket)
• Logistics costs in India are among the highest in the world - 13-
• Renewables capacity growing rapidly at ~25%; expected to be 14% of GDP vs 8% global average
~24% of energy basket by 2027
• ~6% Indian travels by Air (among the lowest globally); - India to
• Historical under-investment in Transmission & Distribution; be 5th largest aviation market by 2025
$100 bn opportunity over next 5 yrs
• India has low road density of 4.6 km / 1000 person (~60%
• Natural Gas contributes 6% in India’s energy basket, expected unpaved roads) resulting in low road speed
to be 20% by 2025; $ 16+ bn investment in next 10 years
Adani Group is a market leader among private sector participants across both Energy & Infrastructure Sector and
is well placed to participate in these key nation building efforts
4
The Making of India’s Leading Energy & Infrastructure Group (1988 – 2018)
1988 1995 2002 2009 2019
Coal Mining
Mundra Port
(MDO)
1995 Commenced
operations 50: 50 JV with
(1995) Commissioned
Wilmar International
(2000) Mundra Solar PV plant
(2017)
Solar
2002 Grain Silo Depot Manufacturing
commissioned at 7
Llsted in locations (2007)
(MSPVL)
1st CNG Station
2009 Ahmedabad
Listed in (2004)
2007 “Fortune”
Largest Food
FMCG brand in
India
2009 Commissioned 1st transmission
Mundra unit line JV with
(2009) commissioned
Worlds Largest IOC (2014)
(2009)
Single location Agro
Solar Power Plant
Bangladesh PPA Signed (648 MW) (2017)
(2017) Listed in 2015 Listed in
Nov 2018
Operates 10 Project Commissioned
ports/terminals > 2GW by Mar 2018
Pit to Plug Integration in Energy Value Chain Presence across Transport & Logistics Space
4,560 MW ~ 5% of India’s Renewable Generation Capacity 200 MMT ~ 15% of India’s EXIM trade
10,440 MW ~ 5% of India’s Thermal Generation Capacity 200 Km - India’s only private rail network owner & operator
13,464 Ckt Km ~ 3% of India’s Transmission Network
Australia
Promoter Group Promoter Group Promoter Group Promoter Group Promoter Group Promoter Group Promoter Group
Adani Power Adani Transmission Adani Green Energy Adani Gas Adani Enterprises Adani Ports and SEZ Abbot Point, Australia
–Installed capacity of –Installed Capacity –Installed capacity of –Focused Pure Play Gas –Coal Mining: 9 coal MDO –10 Ports across Indian –Strategically positioned
10,440MW; under 9,132ckt km; under 1,970 MW; under Marketing and Distribution coast with market share of coal terminal with 50 mtpa
construction 1,600 MW construction 3,792 ckt km construction 2,590 MW company –Coal Logistics: ~50% 21% in India’s EXIM operational capacity
market share (66 MTPA)
–Low Merchant Risk – 95% –IG rated by Moody’s, S&P, –Operational 4 GAs + 15 –Proximity to World’s
–Renewables Capacity: –Multi-modal logistics
PPA (25 yr) Fitch new –Carmichael Mine, largest metallurgical &
4.5 GW (Solar: 57%;
Australia: 11 mtpa phase 1 thermal coal basins
Wind: 34% & Hybrid: 9%)
–Low Fuel Risk –Total authorization for 38 COD Mar 2021 –Mundra SEZ (8481 ha)
• FSA 93% of domestic 100% GAs (AGL + JV) –Limited competition with
–Geographically
coal based capacity –Airports – announced L1 high barriers to entry
AEML diversified portfolio –IG rated by Moody’s, S&P,
bidder for 6 airports
• Coal price pass-through Fitch
–Acquired Mumbai GTD in –Long term take-or-pay
97% of import based
Aug 2018 for ₹130 Bn –Roads contracts with
capacity
Socialization of costs
–Serving 3 mn consumers in –Water
suburban Mumbai (500MW –IG rated by S&P, Fitch
of captive generation)
Market Cap: ₹ 18,590 Cr Market Cap: ₹ 23,910 Cr Market Cap: 5,795 Cr Market Cap: 14,155 Cr Market Cap: ₹ 16,140 Cr Market Cap: ₹ 78,313 Cr
8
Adani Enterprises : Evolution
2018
• Demerger of Adani Green Energy & Adani Gas
2010
• QIP of $ 850 mn
• Acquired Carmichael Coal Mine
• Won First Coal MDO contract
2007
• APSEZ IPO subscribed 116x
• FCCB Issue of $ 250 mn
2017
2001 • Solar Mfg plant commissioned
• Adani Gas Started
2015
• Demerger of APSEZ, APL & ATL
1996
• Bonus Issue of 1 : 1
2009
• APL IPO subscribed 21x
• Bonus Issue of 1 : 1
2006
• Stock Split : Ratio 10 : 1
Nov-1994 listed on
BSE & NSE @ Rs
150/share 1999
Subscribed 25x • Signed JV with Wilmar, Singapore
• Bonus Issue of 1 : 1
9
AEL: Corporate Structure
Promoters
75%
Adani Enterprises Limited
(AEL)
100% 100%
100% Airports
AGPTE AGFZE
Singapore Dubai 100% Roads
Vs Others, 8%
APL, 26%
50000
5000
FY2018
9%
500
Coal
Others
11%
AEL Nifty Sensex 5%
11
Mine Developer & Operator (MDO)
AEL:
Integrated Coal Management (ICM)
12
Global Coal Scenario: Demand to remain stable with geographic shift to Asia
India net imports, Australia net exports to be the highest Global coal demand to remain stable
-38
300 285 300
187 371 522
-67 988 614 433
+40
397 710 955
+95 +69
+21 1,914 1,841 1,552
-67
2015 2030 2040
Demand to remain upbeat with growth in thermal power capacity India coal imports over the next 5 years expected to be range bound
204
FY 18 FY 19 FY 20 FY 21 FY 22 FY 23
FY18 FY23
Total Demand Total Supply Imports
India remain dependent on high GCV imported coal for blending in supercritical thermal power plants
Parli
Ramagundam Vishakhaptnam
Simhadri
Muara Satui Indonesia
Tanjung
Kondapalli Gangavaram Pemancingan
Kakinada
Richard Bay
Goa
South Africa Queensland
Ennore
Mettur Tuticorin
North Chennai Australia
Ports
Locations served
Tuticorin
We are a team of 200+ with global operations run through 20+ India offices, 3 overseas offices
14
ICM – Market Leader with Consistent Operational Performance
Resilient Business Model with Leading Market Position Sales Mix
In MMT FY 18
47% 56% 45% 48% 32%
7%
164
145 147 SEBs
22%
APL
66 MMT
81 83 Exports
78
66 70 63%
8% Private/Others
34 26
in ₹ Crs. In $/ MT
27446 30232 29454 66.6 67.6
13412 12916
55.8
52.8
967 998 1261
353 454
2.9
2.4
1.9 1.8
15
India Coal Mining: Regulatory Evolution, Opportunities and Potential
• Allowed private sector participation in coal mining for captive usage
Amendment to Coal Mines Nationalization Act (1973), 1991
• Case to case basis allotment of 218 coal blocks
• Additional regionally-explored (RE) coal blocks allocated to various PSUs - 14 for Power end use & 3
Auction by Competitive Bidding of Coal Mines Rules, 2012
for commercial mining
• MoC has opened commercial mining for private sector under Act’ 2015
Way Forward
• Methodology for auction published on Feb 27, 2018 and tender process expected soon
Captive Mines portfolio including CIL’s mines for potential MDO business
16
MDO - Largest Mine Developer & Operator in India
MDO Business Order Book of 80 MMTPA A natural progression into Coal MDO
Successfully developed
Power projects and Ports –
Parsa East and Kanta Basan, Gained experience in LA,
Peak Capacity 15 MMTPA
Kushmunda Washery Community engagement,
Peak Capacity – 10 MMTPA
infra development – critical
Kente Extension activities in Coal mining
Peak Capacity – 7 MMTPA Mining in Indonesia since
Presence in Coal Trading
2007- Credence to venture
Parsa, business with PSUs, SEBs –
Gidhpuri Paturia Peak Capacity – 5 MMTPA into Indian mining industry
Peak Capacity – 5.6 MMTPA Strong relationship with
after experiencing
PSUs
Gere Pelma -III Jitpur, success on foreign soil
Peak Capacity – 5 MMTPA Peak Capacity – 2.5 MMTPA
Operational
Under Development
Iron Ore
Washery
Estimated work
Average potential
force of 3200
mine life of 30 years
Mine personnel
Land
Exploration operations
Acquisition
and Logistics
Payments to MDO
Coal Delivery by MDO
Parsa East & Kente Gare Gare Pelma - Talabira Bailadela Gidhpuri Gare Kushmunda Hingula
Parsa Total
Kante Basan Extension Pelma - III II II & III Iron Ore Paturia Pelma - I Washery Washery
Owner RRVUNL RRVUNL RRVUNL CSPGCL Mahagenco NLC NCL* CSPGCL GSECL SECL MCL 9 MDO
Geological
516 256 200 210 736 589 362 281 607 3757
Reserves (MnT)
Mineable
452 184 160 (Est) 94 553 554 325 158 428 2908
Reserves (MnT)
Capacity
15 5 7 (Est) 5 24 20 10 5.6 15 10 10 127
(MTPA)
Status of Operational
2019 2021 2019 2021 2019 2020 2020 2021 2020 2020
Production since 2013
Adani Role MDO MDO MDO MDO MDO MDO MDO MDO MDO Washery Washery
Mining Operation Started in Jan 2013 Infrastructure consisting Pit top railway siding, silo
with Rapid Loading system for evacuation of coal is
Coal Production commenced in Feb 2013
under final completion
Mining operations started within record time of 5 Strong EBIDTA Margins & Profitability with stable cash
years from the date of allocation of coal block inflows and robust financial indicator
mine
3.44
Peak Mining capacity as per approved plan - 15
MMTPA
PEKB mine - a model project - it is vertically integrated through private rail corridor (SRCPL) to provide last mile delivery of
coal at TPS
Less
6000 Dilip Buildcon Aggressive 6000
Most Aggressive Competitors Competitors
Adani
4000 Sadhbhav 4000
Jaypee Power
Monte Carlo BGR Lanco Sadhbhav
2000 Sainik 2000
AMR Dilip Buildcon
VPR Sical Essel
Southwest Ambey Thriveni
0 Lanco 0
Dhansar Mahalaxmi
10 20
0 0
Dhansar
Sainik
AMR
JSPL
VPR
Essel
Mahalaxmi
Sadhbhav
PT Darma
Southwest
Monte Carlo
Sical
Ambey
BGR
Adani
Jaypee Power
Thriveni
Indonesian
Company
* JSPL : Turnover - Rs. 15494 Cr. ; Networth – Rs. 21675 Cr. Source: Adani Analysis, Company Reports
20
Coal MDO: Sustainable & Responsible operations driving strong financial performance
Run of Mine (ROM) Production (MMT) Washed Coal Dispatch* (MMT) Responsible Green Miner
Technology
Interventions Awards and
for Efficient Accolades
mining
FY16 FY17 FY18 1H FY18 1H FY19
FY16 FY17 FY18 1H FY18 1H FY19
Revenue (Rs Crs) EBIDTA (Rs Crs) & EBIDTA Margin (%) Community Engagement
Health &
Sanitation
863 63% 64%
58% 55% 54%
Sports Skill Development
712
656 Promotion & Entrepreneurship
466
546 418
394
366 317
230
Improvement in Increasing Farmer’s
Education level productivity
Infrastructure
FY16 FY17 FY18 1H FY18 1H FY19 FY16 FY17 FY18 1H FY18 1H FY19 Development
* Sarguja Rail COD April 2018 has boosted coal dispatches in FY19 21
AEL: Adani Wilmar – Edible Oil & Food
www.farmpik.com
Edible Oil Industry in India
• India consumes almost 21 MMT edible oil every year
• Consumption of edible oil growing @ CAGR of approx. 4%
• India is the third largest consumer of edible oils (12% of global consumption), after China and the EU
• Every increase in income translates to a rise in demand for food products including cooking oil.
• Consumption-driven demand growth has outstripped domestic supply growth, increasing the country's import dependence to nearly 60%.
23
Indian Edible Oil Consumption Growth Drivers
One of the lowest per capita oil consumption (in kg) Market Dynamics
70
59.7 61.1 63.9 63.9 63.6
60 62.4 62.8 64.2
59.5 60.1 • Exponential increase in consumption driven by rising
50 income levels and aspiration.
41.2 43.8 43.8
40 39.6 39.7
30 • Imports which constituted 3% in late nineties of overall
25.1 25.7 26.2 26.4 26.6
consumption now at 70%.
20 17.4
14.9 15.4 15.8 16.7
10
• Per capita consumption to rise to about 23kg by 2025
0 with a growth likely to be around 4%.
2011-12 2012-13 2013-14 2014-15 2015-16
EU USA China Brazil India • Indian oilseed production stagnating and not likely to
grow – fueling growth of Imports
24
Adani Wilmar: Strong Growth through Brand across Food segments
Edible Oil and Food Business Dominant Market Share
(as at Mar-19)
20%
14%
5% 4% 4%
Edible Oil
Rice
Besan /
Flour
25
Business Model & Strategy
Journey so far….
• Set up first refinery at Mundra with a refining capacity of 600 TPD in the year 1999
• Launch of Fortune Brand in the year 2000
• Grown from 1 refinery in 1999 to 18 refineries in 2018
• Refining capacity increased from 600 TPD in 1999 to 11000 TPD in 2018
• Owns 18 refineries and 10 crushing units at various strategic locations across India.
• One of the leading exporters of Castor Oil, Oleo-Value Added Products and De-oiled Cakes
• Revenue went up from INR 417 Cr to INR 25000 Cr over these years
• Capital investment of INR 2500 Cr as on date
• 18 Refineries & 10 Crushing Units • To be considered as FMCG Food Company instead of only edible
• Refining capacity of over 11,340 tonnes per day
oil company
• Seed crushing capacity of 8,950 tonnes per day
• Packaging capacity of 8,360 tonnes per day • Overall Volume Target – 10 MMT by 2021-22
• 5000+ distributors & >1 mn outlets serve 30 mn households • Consumer Packed Oil Business – 3LMT/Month as against 1.75-1.80
• India’s No.1 edible oil brand “Fortune” having presence all over
LMT/Month at present
India
• Diversified food products such as Rice, Soya, Pulses, Besan, Castor • Plan to Grow in new business segments like Wheat Flour, Rice,
and Soya & Oleo value added products Soya Nuggets and Sugar
26
Financial Parameters
EBIDTA Networth
Rs Cr Rs Cr
1200 2000
1010
CAGR : 24% 1655
1000 CAGR : 21%
783 1500 1280
800
961 1048
600 502 525
426 1000 776
400
500
200
0 0
FY14 FY15 FY16 FY17 FY18 FY14 FY15 FY16 FY17 FY18
27
Key Investment Highlights
1
7 2
Exploring the business
Focus on business strategy
potential in regional overseas
aligned to shift in
markets
consumption pattern
6 Adani Wilmar 3
Focus on operational Pan India network of
synergies and financial manufacturing, marketing,
flexibility sales and distribution
5 4
Diversified product portfolio and
Prudent risk management focus on branding to capture
incremental market share
28
AEL: Mundra Solar PV - Solar Manufacturing
29
Solar Manufacturing – Demand for domestic solar module expected to grow at a double digit growth rate
Low Penetration in Global Energy Demand Global solar PV demand to grow at 13% CAGR Solar Manufacturing concentrated in China
(in GW) Total Cell Capacity Total Module Capacity
8.8% RoW EU India Japan USA China
168 GW 219 GW
119 121 122
7.4% 116
106
6.2% 99 33
38 India, 2% Others, Vietnam, USA, 2% Others,
42
5.0% 45 Canada, 3% 6%
79 4%
45 14 4% India,
13 5
3.6% 3.3% 52 13 4%
12 7 S Korea,
2.8% 2.6% 51 34 7 17
2.2% 12 6 16 7% Canada,
12 13 15 4%
15 7 14
12 12 Taiwan,
0.9% 0.6% 15 11 13 S Korea,
7 8 7%
12 9 10 6% China,
9 40 China,
2 5 7 31 35
9 7 21 28 75%
11 76%
6 9
2015 2016 2017 2018 2019e 2020e 2021e 2022e
Global Growth Drivers / Opportunities India: 31% power generation from Solar by 2030 Global Solar Module oversupply bottoming out
• Cells / Modules imported from India exempt Installed Capacity Projected Capacity
USA from tariffs
• Projected market of ~350 MW / year
Utility
global demand
China 60
• Better than expected China solar target (i.e.,
>300 GW by 2020) positive for solar module
• Resurgence of demand from Govt auctions & 88
residential will bring 43% annual growth from 73
Europe
2017 levels of 6.3 GW
Rooftop
58
• Spain & Italy will contribute 67 GW by 2030
40
28
Africa & 22
• MENA targets 84 GW by 2023 12
Latin 4 7
• Latin America targets 40 GW by 2021
America
2015 2016 2017 2018 2019 2020e 2021e 2022e Target
To achieve global sustainable development target, Solar PV requires annual growth of 17% till 2030
Largest integrated module manufacturer in India Global recognition for quality & performance World Class Manufacturing Facility
Module Cell
Rated as Tier 1 Rated as
12001200
by BNEF in Bankable by
1000 2018 CEA in 2018
900
Rates as
500 Rated as Top
Bankable by
410 430 performer by
Munich RE in
300 DNV in 2018
2018
Rated as Rated as
Bankable by Bankable by
Adani Tata Vikram Waaree Indo Solar Jupiter Solarbuyer in Black & Veatch
Power Solar Solar Solar
2018 in 2018
Solar Manufacturing Facility at Mundra, Gujarat
Investments in vertical integration enhance cost competitiveness • State of art manufacturing facility built in a year
• Best in class equipment from European & Chinese
suppliers
Investments
Large scale of
in ancillary • Energy efficient building with IGBC Platinum rating
operations
units
Low • Adani ports are the most efficient and have the
High level of taxes/duties
automation in SEZ quickest turnaround time when compared globally
location
31
AEL: MSPVL – Best in Class Technology, Process & Performance resulting into Diversified Marquee Clientele
Process & quality assurance enable superior product Experienced team to ensure long term process sustenance
• Leading QMS and excellent product quality assurance Our team has ~4500 man years experience in the sector
• Triple stage Electro-luminescence inspection
• Working on the principle of lean manufacturing Operations and Maintenance
• Co-locating ancillaries to achieve strict quality control
SCM & Marketing
• Tie-ups with leading global institutes (ISC, UNSW, PI Berlin, Fraunhofer etc.) for
material and process improvements Projects
• Dedicated R&D center to enable continuous upgrading of lines as per latest
Technology
developments
• Process based on Just-In-Time procurement enabled by raw material tie-up
through tolling / LTA
• Strong inbound and outbound logistics management team
Better quality & performance vis-a-vis peers… …resulting into Diversified Marquee Clientele
• Adani ~4MW at Mahoba, UP along with another Chinese Premium Tier-1 module > 50 MW
• Performance Ratio* of Adani modules were consistently 3-5% higher than Chinese Premium
Tier-1 module manufacturer
* Performance Ratio (PR) = Energy measured(kWh) / [Irradiance(kWh/m2) on the panel x Active area of PV module(m2) x PV module efficiency]
32
AEL: MSPVL – Strategic Priorities aligned to leverage Growth in Industry
Expand EPC and Solutions offering along with latest technology implementation to Actual Sales Order Pipeline
achieve a policy independent self-sustainable business model
298
Order book of
259 ~800* MW
228
134 126
EPC Services 120 111
65
Pumps/ Other
O & M Services
Solutions Q1FY19 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20
Latest Technology Rollover of CPSU scheme of 12 GW to boost solar manufacturing with additional margins
Branding through
Adoption to improve Channel Sales Government Schemes like KUSUM, SRISTI, SKY to augment additional demand
unit economics
Building sustainable model by booking value added solutions viz EPC/RT/DG/Pump
business upto 25% of the capacities to give additional margins of Rs.3~5 per wp.
Cost-
comeptetiveness No moving parts, ideal for distributed generation – generation that occurs close to the
through value point of consumption
engineering
Unlimited resources with no cost (irradiation level varies)
No carbon footprint from solar
Decline in battery storage product price
33
AEL: MSPVL – Key Investment Highlights
Supportive Government policies – Make in India, capital subsidy & other incentives
India Aviation Industry Globally India has low domestic penetration for flying
(trips per capita per annum)
• Low penetration of flying (0.07 trips per capita per annum vs. 0.3 in China)
Norway 5.24
• 3rd largest domestic aviation market in 2016; poised to become 3rd largest Australia 3.5
global aviation market by 2025 USA 2.59
Canada 1.57
• Indian aviation industry has grown @ ~10% in the last 5 years; high growth
Japan 1.18
expected to increase over the next 5 years
Brazil 0.65
• Aviation policy aims for domestic ticketing of 500 million & international France 0.49
ticketing of 200 million by 2027 Germany 0.43
UK 0.42
10 Largest Air Passenger Markets Over 2016-2036
China 0.34
Rank, based on no of passengers
India 0.07
Poised to become the Leading Airport Operator in India Key Highlights of Recently Won Projects
Jaipur Lucknow
FY18 Px: 4.7 Mn FY18 Px: 4.8 Mn Guwahati Robust Concession Structure – 50 year concession, 100% Ownership
FY18 Px: 4.7 Mn
37
Adani Airports – Successful Foray into Airports Sector
Portfolio of rapidly growing Airports Adani emerged successful in 6 recent airports bids (Rs/Domestic Px)
Among the highest & most diversified portfolio of Airports in India 177 174 155 171 155
146 168
(NIIF) 139 160 (NIIF)
135
Traffic growing at 15% - 20% YoY (NIIF) (AMP) (KSIDC)
115
Low non aeronautical penetration (~Rs 80 / Px) provides a unique
opportunity to enhance returns
45
Significant opportunities to improve efficiencies (CIAL)
CoD Date (estimated) Jan 2020 Jan 2020 Jan 2020 Jan 2020 Jan 2020 Jan 2020
Total Land Available / City Side Land (Acre) 987 / 28 777 / 17 1259 / 110 826 / 60 637 / 2 584 / 10 5,069 / 227
Initial Capex (Rs Cr) 416 518 580 465 438 190 2,606
Additional Capex (Rs Cr) 10 years 2,500 1,100 1,650 1,000 800 1,200 8,250
38
Adani Airports – Airport Portfolio witnessing growing propensity to fly
9.2
Domestic Px (FY18 in Mn)
International Px (FY18 in Mn)
7.3 4.8 4.8 4.7 4.4 CAGR (last 5 Yr) (%)
1.9 2.3
4.2 4.0 4.6
2.5 1.5
1.9
0.5 0.7 0.1 0.8
Ahmedabad Jaipur Lucknow Guwahati Trivandrum Mangluru
39
Adani Airports – 30% Hybrid Till Model
Hybrid Till Model – WACC based regulated returns to be provided in every 5 year block
Returns on Regulated Asset Base (RAB) Annual Aero Revenue Annual Airport Revenue
Revenue Determination
* Aero revenue is normalised over the 5 year regulatory period using the CPI-X Model 40
AEL: Roads
Roads
2 Yrs 2 Yrs
2 Yrs
Construction Construction
Project Construction
Period + 15 Period + 15
Period Period + 15 Years
Years O&M Years O&M
O&M Period
Period Period
• 53000 kms of NHs have been identified to be built under Bharatmala Concession Signed on LOA on LOA on
Agreement 14th May 2018 8th March 2019 8th March 2019
• Rs 5.35 tn earmarked for 1st phase of Bharatmala scheme (24,800 Km)
• Government “Char Dham Connectivity Scheme” Rs 1570 tn (48000 Km) Project Cost Rs 1,140 Crs Rs 1,357 Crs Rs 1,566 Crs
• Shift to EPC/HAM projects to insulate developer’s risk with respect to BOT Financial
Completed Under Process Under Process
Projects, primarily related to traffic growth etc. Closure
• Toll-Operate-Transfer new PPP model introduced for monetization of road NHAI Grant Rs 456 Crs Rs 543 Crs Rs 626 Crs
assets
Strategy
• NHAI has identified first 75 TOT projects spanning 4500 km, considering an
• Focus on the projects across India initiated by NHAI & MORTH
annual toll revenue collection of Rs 2700 Crs.
• Target selected projects under BOT, TOT, HAM model which can offer scale
• NHAI and MoEF have relaxed Land Acquisition norms and ensuring 80% of
and complexity to create a differentiated value
Land is in possession at the time of awarding of projects.
• In-organic growth through M & A
MORTH – Ministry of Road Transport and Highways; PMGSY - Pradhan Mantri Gram Sadak Yojana; DFC – Dedicated Freight Corridor 42
BOT – Build-Operate-Transfer; TOT - Toll-Operate-Transfer; HAM - Hybrid Annuity Model
AEL: Water
Water: Significant Investment Opportunities
Water Stress (withdrawals/available supply) in India • Global water demand expected to grow rapidly to touch >5,200 cubic kilometres per year
by 2025 (growing at over 1.2% every year)
• Agriculture in India is the prime user of freshwater with a share of 80% followed by
industry & domestic applications
• Per capita water availability was 5177 cm in 1951, which is down 70% to 1545 cm in 2011
• According to McKinsey, there will a demand-supply gap of 50% by 2030 in India
• Indian Government foreseeing an investment of around Rs 12,000 trillion Including
National Mission for Clean Ganga (NMCG)
• This budget is expected to be spent towards water supply and sanitation and “water
security” at individual states level
• DBFOT with PPP Hybrid Annuity (40% from Govt. and 60% by
Project Mode
Project Developer)
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AEL: Agro, Bunkering, Shipping and Defence
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Agro Infrastructure
Fruits Storage Business Grain : Logistics, Storage and Distribution
• 35% fruits & vegetable lost due to lack of storage infrastructure in • 7% grain lost due to lack of storage infrastructure in India
India • Introduced first of its kind modern and scientific storage facilities in India , ensuring
• Brand FARM-PIK, India’s largest selling fruit brand negligible losses and minimal human touch
• Pioneer to introduce Controlled Atmosphere (CA) technology in India, • Capacity with private railway sidings, transporting grains in bulk from grain-
for increased fruit storage life producing states to consumption areas
• Three Controlled Atmosphere (CA) storages with capacity to store • Current total storage capacity of 1 MMT is set to rise to 2 MMT by 2021
24,000MTs in the heart land of Apple orchards in HP • Since 2005, built storage capacity of 850,000 tons at 13 locations in India
• A boon to farmers which has changed the apple marketing landscape − Operates storage facilities of 5,50,000 tons at 7 locations under BOO for FCI for
in HP 20 Years
• Sourcing fruits globally for the Indian market − Operates storage facilities of 3,00,000 tons at 6 locations under DBFOT for
• Selling through a wide network of retail chain stores across the major MPWLC for 30 Years
cities in India • Building silos in 10 more locations across India for FCI and PGPCL, with a capacity of
4,75,000 tons under DBFOT/DBOO for 30 Years
BOO - Build Own Operate; DBFOT - Design, Build, Finance, Operate, Transfer; FCI – Food Corporation of India
MPWLC = Madhya Pradesh Warehousing and Logistics Corporation PGPCL = Punjab Grain Procurement Corporation Ltd 46
Adani Bunkering – a leading bunker supplier in India & Adani Shipping
Bunkering : Re-fueling of ships with different grades of Fuel Oil
Rating – BBB+/Stable
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Defence & Aerospace
UPGRADES &
LIFE CYCLE MANGEMENT - Prime
Fighter aircrafts (Gripen AEROSTRUCTURES & COMPOSITES
E/F) • High quality machined components
supplier to Global OEMs – GE, MRO* & SUPPORT - Prime
Honeywell, UTC etc.
Lakhpat IU Mundra BT
Phase I – Status of Statutory Clearance
Clinker/Cement to
Cement Capacity: 0.55 MTPA
be fed to Gus/BU
Mundra BT Clearanc
by Sea route
Lakhpat Mundra Udupi Dahej Raigarh
e
Dahej GU Dahej GU
Site visit Date for Filing of
Cement Capacity: 1.1 MTPA Environmen completed by
Public
Public TOR meeting Application
Hearing
t Clearance EAC, TOR Hearing completed for TOR
Completed
awaited Awaited completed
Udupi GU Mining Plan Approved Not Required Not Required Not Required Not Required
Udupi GU Cement Capacity: 2.2 MTPA
Aviation NOC from AAI NOC from AAI
Completed Completed In Process
Clearance in process in process
In process to In process to
In process to
sign fly ash In process to sign fly ash
Linkages of Limestone sign fly ash
agreement sign fly ash agreement
Raw Mine agreement
with Adani agreement with Adani
Material acquired with Reliance
Power, with UPCL Power,
The total installed cement capacity of 5.5 MTPA by 2020 Mundra
Industries
Mundra
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Carmichael Coal Mine - Overview
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Carmichael Mine: A conventional, commercially robust and competitive coal mine
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Sustainability
• Business in harmony with Nature
• Measurement of carbon footprint across all business
operations
• Management systems & policies in place to ensure efficient
use of resources
• Strategies & initiatives to reduce resources consumption and
maximize recycling
Environment
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One vision,
One team
Growth
With
Goodness
To be the globally admired leader in integrated infrastructure businesses with a deep commitment
to nation building. We shall be known for the scale of our ambition, speed of execution and quality
of operation.
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